Riverside County Law Library

This act created the Federal Reserve with twelve private regional banks, and gave the system the ability to issue Federal Reserve notes. The responsibilities of the Federal Reserve have since been expanded to dramatically impact American economics.
Woodrow Wilson must have had the phrase “money makes the world go around” in mind when he signed the Federal Reserve Act on December 23rd, 1913. This act created the Fede… http://rclawlibrary.org/community/blog/2014/12/day-history-federal-reserve-act/

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This act created the Federal Reserve with twelve private regional banks, and gave the system the ability to issue Federal Reserve notes. The responsibilities of the Federal Reserve have since been expanded to dramatically impact American economics.
Woodrow Wilson must have had the phrase “money makes the world go around” in mind when he signed the Federal Reserve Act on December 23rd, 1913. This act created the Fede… http://rclawlibrary.org/community/blog/2014/12/day-history-federal-reserve-act/